Benzinga | Jul 30, 2020 04:22PM EDT

Xilinx Q1 Adj. EPS $0.65 Beats $0.56 Estimate, Sales $727.00M Beat $725.63M Estimate

Xilinx (NASDAQ:XLNX) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.56 by 16.07 percent. This is a 32.99 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $727.00 million which beat the analyst consensus estimate of $725.63 million by 0.19 percent. This is a 14.43 percent decrease over sales of $849.63 million the same period last year.